So, back at the beginning of July, I read somewhere (on the internets, no doubt) that it was expected that the Dollar would plummet in relation to the Euro, by the Fall.
Since we are going to Turkey in October, I figured the VERY smart thing to do would be to buy a bunch of Euros, at the low, low price of about $1.60, and then laugh all the way to the bank, as they visibly appreciated over the next 3 months.
Here's the story since then.
Hmmm - that graph is beginning to resemble my Enron options. I see a pattern.
Thursday, August 14, 2008
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